The rich get richer or success breeds success effect, also called Matthew’s principle from the parable of the Talents in Matthiew 25:14-30), has been invoked many times in the sociology of science to ...

Discover how probability distribution methods can help predict stock market returns and improve investment decisions. Learn ...

This column is the fourth in a series on parameter estimation, leading up to the justly famous Kalman filter. The discipline is based on the fact that our knowledge of the state of any real-world ...

The normal distribution is a concept in statistics that assumes all values are distributed in the same pattern. It requires symmetry and consistent proportions in the distribution of values. Normal ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Everyone agrees the normal distribution isn't a great statistical model for stock market returns, but no generally accepted alternative has emerged. A bottom-up simulation points to the Laplace ...